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Jul 26, 2011
07/11
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there's no symptom of big government more menacing than this. we're up to the task. i hope president obama will join us in this work. >> all right. love that home-spun economics. the key is to make money through higher taxes. that's the other approach, the one that speaker boehner says is destined to fail. >> the president says we need a balanced approach which in washington means we spend more and you pay more. i mean run a small business? i know those tax increases will destroy jobs. the president is adamant that we cannot make fundamental changes to our entitlement programs. as the father of two daughters i know the programs won't be there for them unless significant action is taken now. >> the political wrangling. both obama and boehner were trying to get them to strike the deal. the sun has set on yet another day without agreement, meaning a default may be just a week away. >>> two very political speeches from president obama and house speaker john boehner, who back two very different plans to raise the debt ceiling. from president obama he clearly endorsed the
there's no symptom of big government more menacing than this. we're up to the task. i hope president obama will join us in this work. >> all right. love that home-spun economics. the key is to make money through higher taxes. that's the other approach, the one that speaker boehner says is destined to fail. >> the president says we need a balanced approach which in washington means we spend more and you pay more. i mean run a small business? i know those tax increases will destroy...
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Jul 30, 2011
07/11
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you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are! >> well, over in the senate, what they are putting on the table is mr. boehner's bill. they'll kill it over there. that's under way right now. we'll let you when the voting is done
you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in...
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Jul 23, 2011
07/11
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it was not a massive group nor a big effort. >> that's right. i think one, you will find this will be hard to do alone. the times square bomber, it's hard to have one guy to get the materials and put it together correctly and detonate it. it's reasonable to suspect he had some amount of help. and we are hearing from media sources the individual in custody may have been a farmer. that would explain his access to large quantities of fertilizer to make such a big bomb that went off in oslo. you will learn a lot more from officials in norway to make sense out of this tragedy. >> did you have a sense in your time working with the government that there was some senses of places like norway that terrorism was something that could not come there, because in fairness, before 9/11 and the first world trade center attack, we felt it could not come here either. >> it's true, but the wikileaks cable comes from several years ago. in recent years, my understanding from a u.s. counterterrorism officials is that norway did begin to understand it could happen the
it was not a massive group nor a big effort. >> that's right. i think one, you will find this will be hard to do alone. the times square bomber, it's hard to have one guy to get the materials and put it together correctly and detonate it. it's reasonable to suspect he had some amount of help. and we are hearing from media sources the individual in custody may have been a farmer. that would explain his access to large quantities of fertilizer to make such a big bomb that went off in oslo....
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Jul 6, 2011
07/11
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it's big business. as erin mclaughlin shows us, one tour company is cashing in on potter mania. >> with a wave of her harry potter wand, this tour guide leaves a pack of moguls. >> this is platform 9, where we are now. >> reporter: the aim of the tour, to connect famous potter film clips to actual filming locations. tour companies across london are cashing in on the harry potter craze. tickets for a three-hour tour cost $40 for adults and $36 for children. but there are plenty of fans lining up to learn more about harry potter's past. the tourists are most popular among american and british tourists. so around the corner you can see the road curving around to the left. >> this family is visiting london from colorado. two full days out of their five-day following are devoted to footsteps of harry potter. >> how much are you spending on harry potter? >> i don't know. i guess $400. i guess you can say a percentage of the plane tickets. >> we all get the books when they come out. we can't wait for the other
it's big business. as erin mclaughlin shows us, one tour company is cashing in on potter mania. >> with a wave of her harry potter wand, this tour guide leaves a pack of moguls. >> this is platform 9, where we are now. >> reporter: the aim of the tour, to connect famous potter film clips to actual filming locations. tour companies across london are cashing in on the harry potter craze. tickets for a three-hour tour cost $40 for adults and $36 for children. but there are plenty...
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>>> it's a classic tale of big business versus mom and pap. we're talking about new york's historic little italy. where traditional restaurants are trying to in compete with a new, italian powerhouse. richard roth explains. >> now, that's good. >> reporter: good seems an understatement for public reaction to eataly, the upscale extravaganza in manhattan. the new york branch of a global rollout, eataly rolled out with hype. >> eataly will become a destination for food aficionados from far and wide. >> reporter: those that cooked up eataly, says it's doubled projections. >> everyone seems to love everything about eataly. >> reporter: not everybody loves eataly. especially those in historic little italy. >> eataly is a great place. but it's more of a shopping mall. >> i respect the chefs of eataly. but eataly itself, there's restaurants in eataly. but it's not an italian experience. >> reporter: before the cheese heats up, eataly is not taking the bait. >> we're huge fans of little italy. i think little italy celebrates a part of new york that's
>>> it's a classic tale of big business versus mom and pap. we're talking about new york's historic little italy. where traditional restaurants are trying to in compete with a new, italian powerhouse. richard roth explains. >> now, that's good. >> reporter: good seems an understatement for public reaction to eataly, the upscale extravaganza in manhattan. the new york branch of a global rollout, eataly rolled out with hype. >> eataly will become a destination for food...
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Jul 29, 2011
07/11
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but mining stocks with big drags here. we have rio tinto. financials fell. >> you know, ramy, we've been so preoccupied by what's happened in washington that sometimes it's easy to lose sight of the fact we are in the midst of earnings seasons. we've had reports across the region. >> nintendo, they slashed their full year's forecast earnings by a whopping 82%. that's because gamers aren't so interested in their handheld 3-d game players which came out five months ago. that would be the 3-ds. that's the biggest fall in the past two decades. you're looking at a year to date. nintendo share prices dropped a whopping 47%. it's a similar story, not so bad for sony. they cut its profit estimate for the year by about 25%. this was yesterday. that's because of weak demand for tvs like this bravia over in the u.s. and europe. sony's share price year to date has also dropped by about 35%. but, you know, it's not all doom and gloom. they say its net income surged to about $1.31 billion. this is for the six months to may. forecasters had been -- forecas
but mining stocks with big drags here. we have rio tinto. financials fell. >> you know, ramy, we've been so preoccupied by what's happened in washington that sometimes it's easy to lose sight of the fact we are in the midst of earnings seasons. we've had reports across the region. >> nintendo, they slashed their full year's forecast earnings by a whopping 82%. that's because gamers aren't so interested in their handheld 3-d game players which came out five months ago. that would be...
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Jul 12, 2011
07/11
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strong theme here is of financials, financial stocks the big banks taking big hits, pauline, on the idea the debt crisis could spread beyond greece, even as far as italy. >> we see so much concern and so much uncertainty in those numbers and on top of all of this, charles, investors are also worried about u.s. debt. there was no breakthrough at a white house meeting on monday between president barack obama and u.s. congressional leaders. at issue the president's push to raise the u.s. debt ceiling. >> i've been hearing from them that this is one of the things that's creating uncertainty and holding back investment on the part of the business community, and so what i've said to them is let's go. >> republican leaders say they won't pass a deal if it fails to include spending cuts that would offset additional debt. they're refusing to pass any deal that includes tax increases. >> american people understand that tax hikes destroy jobs and the last thing we should be doing right now at a time of 9.2% unemployment is enacting more government policies that will destroy jobs. >> treasury offici
strong theme here is of financials, financial stocks the big banks taking big hits, pauline, on the idea the debt crisis could spread beyond greece, even as far as italy. >> we see so much concern and so much uncertainty in those numbers and on top of all of this, charles, investors are also worried about u.s. debt. there was no breakthrough at a white house meeting on monday between president barack obama and u.s. congressional leaders. at issue the president's push to raise the u.s....
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Jul 9, 2011
07/11
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with big risks it's like investments come big rewards. we could also lose. >> communications with columbia were lost at 8:00 a.m. central time. >> risk. you just accept it. >> can you imagine how much difficulty people went through and how frustrated they were in the transition from horses to cars? but you've got to make these transitions. otherwise society doesn't move forward. >> so far, musk's space x falcon 9 rocket has performed well. on the last test the rocket put a spacecraft called dragon into orbit. the capsule landed back in the pacific. it was the first time anyone other than a government had successfully orbited a spacecraft and returned it to earth. >> we designed this to be super tough. you can beat the snot out of it and it will still work. >> next year, musk hopes to begin carrying cargo to the international space station, eventually astronauts. a commercial company replacing the space shuttle. >> docking is complete. >> but unless it's safe, nasa's administrators says no u.s. astronaut will be onboard. >> i cannot allow
with big risks it's like investments come big rewards. we could also lose. >> communications with columbia were lost at 8:00 a.m. central time. >> risk. you just accept it. >> can you imagine how much difficulty people went through and how frustrated they were in the transition from horses to cars? but you've got to make these transitions. otherwise society doesn't move forward. >> so far, musk's space x falcon 9 rocket has performed well. on the last test the rocket put...
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. >> reporter: let's not mix a lot of different things into one big pot. the poll you referred to was a poll that was done the day after dominique strauss-kahn's arrest. it was a poll that was faultily done. it was declared illegal and done as people were still trying to adjust and absorb the reality that one of the most powerful men in the world who could have been president could have committed such a crime as he was about to announce his nomination. so, i disregard the importance of that poll that said early on that a majority of the french thought that he might have been the victim of a plot. as for france having different sexual morays, seduction is not criminality, seduction is playful, should be enjoyable. committing a violent crime against a woman which was what was alleged to have happened is appalling for any french person. and so one has to make that distinction. what is the bridge between seduction and a violent crime is the potential abuse of power which is -- which is also something that is endemic in french life. >> you make a point that's w
. >> reporter: let's not mix a lot of different things into one big pot. the poll you referred to was a poll that was done the day after dominique strauss-kahn's arrest. it was a poll that was faultily done. it was declared illegal and done as people were still trying to adjust and absorb the reality that one of the most powerful men in the world who could have been president could have committed such a crime as he was about to announce his nomination. so, i disregard the importance of...
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Jul 11, 2011
07/11
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i think the big question is will he meet prime minister david cameron. before all this blew up, david cameron and others would fly halfway around the world to see rupert mer dock. now it's the other way around. he's flown in here and is trying to save the crisis of his empire which seems to be growing every single day. t the "mirror" reporting victims of 9/11 may have been impacted by the "news of the world." and also the embattled chief executive of news international rebecca brooks had volunteered to be interviewed by the police. we don't know if and when that will happen. . but that would again move this up another notch. the big underlying question sis this. how far up the line in the company cothey go. they found e-mails from as far back as 2007 that these practices were going on. why were they only passed on in the past month. >> dan rivers joining us outside the houses of parliament in london. many thanks to you. pauline. >> charles, let's return to asia and the latest inflation and trade figures that came out recently. the latest trade figures su
i think the big question is will he meet prime minister david cameron. before all this blew up, david cameron and others would fly halfway around the world to see rupert mer dock. now it's the other way around. he's flown in here and is trying to save the crisis of his empire which seems to be growing every single day. t the "mirror" reporting victims of 9/11 may have been impacted by the "news of the world." and also the embattled chief executive of news international...